[Dealsite] [2025 Securities Forum] Daehoon Koo of Lee & Ko “Dual Listings Without Shareholder Protection May Breach Duty of Loyalty”

Daehoon Koo of Lee & Ko gave a lecture on the topic “Changes Brought by the Amended Commercial Act” at the 2025 Securities Forum hosted by capital markets media outlet Dealsite on the 20th. He stated, “With the implementation of the revised Commercial Act, directors are now required to thoroughly consider the impact of their decisions on minority shareholders and stock prices, and to document this process.” He emphasized, “Since directors must comply with the duty of loyalty, they are inevitably expected to make shareholder-friendly decisions. For the system to take root, it is important that the judiciary interprets and applies the amended provisions in line with their intent.”